Wednesday, July 10, 2019

The Habitat Company Assumes Management of 18 Affordable Housing Communities in Chicago


Mary Jane Richardson-Jones Apartments
4922 South Langley Avenue
266 apartments


CHICAGO, IL, July 10, 2019  – Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, announced it has assumed management of 18 Chicago Housing Authority (CHA)-owned affordable housing communities in Chicago. 

The properties add 4,468 rental units to the portfolio of the Habitat Affordable Group, the company’s affordable housing division, which now operates more than 12,000 units across three states.

“Our longstanding partnership with the Chicago Housing Authority has been mutually beneficial and we are honored that the CHA continues to entrust us with the property management of their communities,” said Kimberly Sisney, vice president at Habitat Affordable Group.

Kimberly Sisney

 We have doubled our support staff at the Chicago regional office to ensure we can provide our residents with customer service excellence and responsiveness for these additional 18 communities.”

The 18 CHA properties now under Habitat’s management are scattered throughout the city’s West and South sides and include: 

·         Long Life: 344 W. 28th Place; 116 apartments
·         Patrick Sullivan Apartments: 1633 W. Madison St.; 482 apartments
·         Albany Terrace Apartments.: 3030 W. 21st Place; 350 apartments
·         Fannie Emmanuel: 3916 W. Washington Blvd.; 181 apartments
·         Irene McCoy Gaines: 3700 W. Congress Parkway; 151 apartments
·         Lorraine Hansberry: 5670 W. Lake St.; 169 apartments
·         Alfred Barnett Duster: 150 S. Campbell Ave.; 129 apartments
·         Las Americas: 1611 S. Racine Ave.; 212 apartments
·         Armour Square: 3250 S. Wentworth; 393 apartments
·         Elizabeth Davis: 440 N. Drake Ave.; 149 apartments
·         Lincoln Perry Apts.: 3245 S. Prairie Ave.; 442 apartments
·         Mary Jane Richardson-Jones: 4922 S. Langley Ave.; 266 apartments
·         Ada S. Dennison-McKinley: 661 E. 69th St.; 125 apartments
·         Kenneth Campbell Apartments: 6360 S. Minerva Ave.; 165 apartments
·         Vivian Carter: 6401 S. Yale Ave.; 221 apartments
·         Minnie Riperton Apartments: 4250 S. Princeton Ave.; 335 apartments
·         Judge Slater Apartments: 4218 S. Cottage Grove Ave.; 402 apartments
·         Major Robert Lawrence Apartments: 655 W. 65th St.; 191 apartments

Patrick Sullivan Apartments: 1633 West Madison Street
 482 apartments
Habitat started as an affordable housing developer on Chicago’s South Side in 1971, growing to become one of the largest multifamily developers, owners and managers in the country. Today, the company is the largest private property manager for the CHA, with 8,215 CHA units in its portfolio.

“There’s not enough affordable housing in Chicago to meet demand, so it’s important that these residents are taken care of and the buildings maintained,” said Sisney. “The addition of these properties to our management portfolio supports Habitat’s goal of not only growing the portfolio, but also ensuring there is quality housing available across all income levels.”

Including market-rate units, Habitat’s management portfolio comprises more than 22,000 apartments across six states, of which more than half are affordable housing. 

 CONTACTS:

 Robin Plous, rplous@taylorjohnson.com, (312) 267-4512
 Kim Manning, kmanning@taylorjohnson.com, (312) 267-4527



No comments:

Post a Comment